Nova Scotia’s offshore renewable energy sector should benefit from new legislation designed to fast-track developments and to create opportunities for smaller scale, innovative technologies. The Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act (Nova Scotia) and the Marine Renewable Energy Act (Nova Scotia) are being amended to streamline regulatory processes in the expectation that faster […]
Our July 2023 article Significant Amendments Announced to the Accord Acts detailed the then newly-announced proposed amendments to the Atlantic Accord legislation. A year later, the amendments have not been passed, but instead are still going through the federal legislative process, without a clear indication of either when or even if they may be passed, […]
The Governments of Canada and Newfoundland and Labrador have announced the most significant amendments to the Atlantic Accord legislation since 1987, introducing new regulatory powers over offshore renewable projects and changing elements of the regulation of offshore petroleum interests, that may have long term implications for the industry. Bill C-49 In late May, Canada announced […]
The changes are intended to bring greater clarity to the permitting process and to provide timeframes for approval and notification. Amendments include: greater clarity to language in the Act’s licensing system, clarifying the timelines and processes for incompleteness rejection, approval, and denial of demonstration permits and outlining the Act’s regulatory-making authority to improve administration.
Canada has the world’s longest coastline but, compared to other countries, most notably Norway, our ocean economy — $31.7 billion annually in gross domestic product and almost 300,000 jobs – is relatively under-developed. The federal government wants to change that. The federal Department of Fisheries and Oceans is developing a “blue economy” strategy intended to […]
The potential in Atlantic Canada for economically sustainable aquaculture has been well documented, but getting the industry to flourish remains a challenge and yet an opportunity for the governments in this region.